Applicant Tracking System - Worldwide

Applicant Tracking System Market Definition

The Applicant Tracking System (ATS) is an integral segment of the technology industry. An ATS is a computer software tool that assists recruitment industries and hiring managers in optimizing the hiring process by identifying the right candidate for their job listings. This system analyses resumes and documents for keywords, experiences, managing applicant data thereby automating manual processes, increasing visibility for the hiring cycle and creating communication opportunities with candidates. Some types of ATS include general ATS, staffing and recruitment ATS and public sector ATS. 

The ATS is gaining traction of corporations and governments due to advancements in cloud computing infrastructure, secure applicant tracking, reduced errors and bias, integration of AI tools, increasing demand for automation are contributing the global market growth of this system. The ability to process through vast amount of applications data by using database applications and operational softwares is reducing labour and time for recruiters further promoting the use of ATS worldwide. 

The rising need for creating a better candidate experience process and demand for automation is anticipated to generate favourable circumstances for the market players in the upcoming years. 

Applicant Tracking System Market Segmentation:

By Component

• Software
• Services

By Deployment

• On-premises
• Cloud

By Organization Size

• Small & Medium Enterprises
• Large Enterprises

By End-use

• IT & Telecommunication
• BFSI
• Healthcare & Life Sciences
• Consumer Goods & Retail
• Manufacturing
• Others

Applicant Tracking System Market Companies:

• International Business Machines Corporation 
• Icims 
• Oracle 
• PeopleFluent 
• Cornerstone 
• Greenhouse Software 
• Trakstar Hire 
• PeopleFluent 
• SmartRecruiters 
• Jobvite 
• ClearCompany 
• SmartRecruiters